Is Alexander County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alexander County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Alexander County has remained a Seller's Market.

Key Takeaway

Alexander County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alexander County, NC

How much do homes in Alexander County, NC cost?

Median Sold Price

$285,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,000(+12.6%)

Key Takeaway

Homes in Alexander County have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Alexander County was $285,000 in November 2024, up 12.6% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $230K$227.5K
-1.1%
2 $160K$211.2K
+32.0%
3 $266.5K$296K
+11.1%
4 $398.2K$420.7K
+5.6%
5+ $311.4K$875K
+181.0%

Summary: Alexander County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 32%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 181%.

Median Sold Price Compared To Nearby Counties

Alexander County
+12.6%
Wilkes County
+7.7%
Caldwell County
+7.1%
Catawba County
+4.7%
Iredell County
+4.6%

Housing Supply in Alexander County, NC

How many homes are available in Alexander County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117129+10.3%

Summary: The Alexander County real estate market had 129 homes for sale in November 2024, a 10.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1721
+23.5%
3 7883
+6.4%
4 1517
+13.3%
5+ 67
+16.7%

Summary: The Alexander County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1224+100.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alexander County, you may be able to get a good deal. 70.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Alexander County in November 2024, up by 100.0% month-over-month. Of the 24 sold homes, 71% were sold under asking, 13% were sold at asking, and 17% were sold over asking.

Days on Market for Alexander County, NC

How long does it take to sell a home in Alexander County, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days70 Days+162.2%

Summary: Homes in Alexander County had an average of 70 days on market in Nov 2024, up by 162.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Alexander County has remained consistent over time.

Summary: During November 2024, 24 homes were sold in Alexander County; 29% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Alexander County, NC

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